Concrete Progress Made Towards China Trade Deal

Here is a daily recap of the S&P 500 broken down by sector followed by sector heat map as concrete progress made towards China trade deal. Stocks in heat map are based on the top 10 holdings of each sector ETF. Click on each picture to zoom in. Below is a summary of today’s action on Wall Street provided by CNBC:

U.S. stock index futures traded slightly higher on Friday morning, as investors monitored progress in U.S.-China trade talks and reacted to the latest Brexit developments. At around 03:10 a.m. ET, Dow futures traded 78 points higher, pointing to a higher open of more than 78 points.

The S&P 500 (SPY) rose by +0.41% today. Sector decliners led advancers 9 to 2 as shown below in the sector graph. Decliners were led down by real estate (XLRE) -1.09%. Communication services (XLC), consumer staples (XLP), energy (XLE), financials (XLF), healthcare (XLV), industrials (XLI), materials (XLB) and utilities (XLU) each suffered minor losses of less than 1%. Consumer discretionary (XLY) and technology (XLK) each enjoyed small gains of less than 1%.

The Dow Jones index added +138 points (+0.54%) to close at 25,848. The Nasdaq climbed +57 points (+0.76%) to settle at 7,688.

About the authorTim Link

My goal is to provide a blog that consolidates stock market information for the average investor from at least five credible sources including stock reviews, analysis, financial news and market trends by sector.